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EU membership favors exporters

14:07

EU membership favors exporters
source: Pxhere

In 15 years of EU membership, exports from Poland increased fivefold. This is much more than in the case of the Czech Republic and Hungary, as results from the analysis of Akcenta, a payment institution.
In 2003, before joining the EU, the total foreign trade in these countries amounted to $43 billion, $49 billion and $54 billion respectively. After 15 years, according to the data of the Hungarian statistical office, exports reached almost $126 billion in 2018. On the other hand, the value of goods exported from the Czech Republic last year amounted to $203 billion. Meanwhile, Poland's foreign sales in 2018 reached $262 billion.
(Puls Biznesu)

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